GLOBCOIN

in icoreview •  7 years ago 

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Website: https://globcoin.io/

Globcoin Crypto Platform is dedicated to provide an infrastructure to build baskets of currencies which correspond to specific communities/users needs . This Platform will be used to launch currency baskets. Up until now, this was reserved only for large clients due to the huge fees and structure of foreign exchange markets. Thanks to Blockchain Technology, it is now possible to offer this to the public. The decentralization enables everyone to access what was reserved to a few privileged market participants.

In a globalised world, your own national currency does not really measure your wealth, except in the sense that it is handy for accounting or payment purposes. Whereas, currency baskets can prove to be the appropriate solution for a variety of needs, this is probably the reason for the growing trend from Central Banks to build up currency baskets and/or to peg the national currency to a basket which is usually not disclosed to the public (China, Singapore).
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Website: https://globcoin.io/

The Platform will enable to launch customised currency baskets for a variety of uses.
The first basket that will be launched on GLOBALCOIN platform will be our “flagship “ GLOBCOIN, a basket based on the 15 largest currencies of the world and 5 % weighted in Gold. This basket corresponds to the needs of many users. This basket is already traded for our large clients on a traditional foreign exchange forward market. By construction, it will be 100% asset-backed and very stable. It will be an ideal complement for a cryptocurrencies holders wanting to stay in the crypto world but looking to secure part of their portfolio. Other currency baskets have already been studied for specific clients in Asia, Africa and Western Europe and GC platform will be able to launch and manage such dedicated baskets according to client needs provided that the constituents of the basket are tradable.

We will also add a basket to our current GLOBCOIN multi-currency prepaid card so that people (in addition to their needs in fiat currencies) can buy a basket in just one click.

Isn’t it a revolution that anyone, easily and at very reasonable costs, can behave like a central bank, managing currency risk?

The purpose of the Token sale (GCP) is to:

  • provide additional funding to enhance the current platform, taking advantage of the best of blockchain technology.
  • make the platform available to the largest community of users.
  • disseminate the use of dedicated baskets in specific regions of the World, in accordance with the local regulations that may apply in such places.
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TOKEN SALE.

  • The Globcoin GCP token creation process is organised around smart contracts running on Ethereum.
  • Participants willing to support the development of the Globcoin project can do so by sending Ether to the designated address. By doing so they create GCP at the rate of 100 GCP per 1 ETH. A participant must send Ether to the account after the start of the crowdfunding period (specified as the block number).
  • Crowdfunding ends when the end block is created, or when the amount of Ether sent to the account reaches the maximum.

Website: https://globcoin.io/


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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://globcoin.io/assets/whitepaper.pdf